Second Estimate 4Q2013 GDP Revised Down to 2.4%

Written by Doug Short and Steven Hansen The second estimate of fourth quarter 2013 Real Gross Domestic Product (GDP) is now a positive 2.4%. The market expected GDP at 2.2% to 2.8% (consensus 2.5%). This data point was 3.2% in the advance GDP estimate.

Advance Estimate 4Q2013 GDP Is at Expectations

Written by Doug Short and Steven Hansen The advance estimate of fourth quarter 2013 Real Gross Domestic Product (GDP) grew a positive 3.2%. The market expected the advance estimate 4Q2013 GDP at 3.0% to 3.6%. GDP growth in 3Q2013 was 4.1%

2013 Was Good to Joe Sixpack (Relatively)

Written by Steven Hansen One of my favorite responses to those who ask me how things are going is “that I am still alive”.  This is the way I feel about the economic events of 2013 as they relate to the average survivor of this year.

Third Estimate 3Q2013 GDP Revised Up to 4.1%

Written by Doug Short and Steven Hansen The third estimate of third quarter 2013 Real Gross Domestic Product (GDP) is now a positive 4.1%. The market expected GDP at +3.6% to 3.7%. This data point was 2.8% in the advance GDP estimate, and 3.6% in the second estimate.

Second Estimate 3Q2013 GDP Revised Up to 3.6%, Corporate Profits Up Also

Written by Doug Short and Steven Hansen The second estimate of third quarter 2013 Real Gross Domestic Product (GDP) is now a positive 3.6%. The market expected GDP at +3.0% to 3.1%. This data point was 2.8% in the advance GDP estimate.